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the fed is actually reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of previous quantitative easing, so it's the opposite of spending your tax dollars. the fed a legally independent and ran by a guy originally appointed by george w. bush. this is just so completely over the top that we decided to do a piece on that particular email. pretty much, these messages to true believers have to exceed what we have already the bonds before we pay attention to them. we are out of time. thank you all for your attention. thank you for your questions. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> monday, a citizen's guide to the 2012 presidential debate from the national communications association panel looking at the hours of the debates coming up next month. live coverage begins at 1:00 p.m. eastern on c-span. >> you established a third party. you ran twice. you established -- what was the name of it? united we stand? the reform party. do you feel that is nee
the fed is actually reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of previous quantitative easing, so it's the opposite of spending your tax dollars. the fed a legally independent and ran by a guy originally appointed by george w. bush. this is just so completely over the top that we decided to do a piece on that particular email. pretty much, these messages to true believers have to exceed what we have already the bonds before we pay...
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Sep 25, 2012
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if we want to look at the deficit, everybody knows the problem with the deficit. who do we think is more likely to deal with the deficit? someone who has run it up over a trillion dollars every year he has been in office? is that too is going to do it to? or do we think governor romney, a businessman who is committed to fiscal responsibility is going to do it? who is going to do it to? if the barack obama is in the white house four years from now, he will have appointed one half of all federal judges and he will have changed the complexion of the added states supreme court for decades. can we stand that in this country? is that what we want to? no. foreign affairs. the president of the united states went to new york today, yesterday. other presidents have gone to meet with world leaders to sit down with the israelis and other allies, people who he needs to understand. and interesting article this morning about his failure to do that. he went to new york not to meet with world leaders, he is on "the view." [booing] what a sense of priorities. he said after our amba
if we want to look at the deficit, everybody knows the problem with the deficit. who do we think is more likely to deal with the deficit? someone who has run it up over a trillion dollars every year he has been in office? is that too is going to do it to? or do we think governor romney, a businessman who is committed to fiscal responsibility is going to do it? who is going to do it to? if the barack obama is in the white house four years from now, he will have appointed one half of all federal...
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Sep 27, 2012
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obama is at it again, spending your tax dollars per "two things about that -- the fed is reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of all their previous quantitative easing. so the opposite of spending your tax dollars is true. and of course the fed is legally independent and run by guy appointed by george w. bush. so this was so completely over the top that we decided we have to do a piece on that particular e-mail. pretty much these messages to true believers exceed what we have already defunct. >> we are out of time. thank you for your attention. we appreciate your questions. [applause] >> coming at 4:30, we will be live at the un for a speech from the president of libya. he will be speaking before the general assembly gathered this week. coverage starting at 4:30 eastern. we will have that live on c- span. before that, earlier today, israeli prime minister benjamin netanyahu spoke to the world body. this is just over half an hour. [applause] >> thank you very much, mr. president. is a pleasure to see that general assembly pr
obama is at it again, spending your tax dollars per "two things about that -- the fed is reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of all their previous quantitative easing. so the opposite of spending your tax dollars is true. and of course the fed is legally independent and run by guy appointed by george w. bush. so this was so completely over the top that we decided we have to do a piece on that particular e-mail. pretty...
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for instance, has numbers that are well known, and germany, it is really getting close to a neutral deficit situation. but they still have a fairly heavy debt burden on their shoulders. first, it is difficult to the country specific within the european union, even more so with than the eurozone. second, they are growth conducive -- there are growth conducive policies to put in place. in the short term there are budgetary allocations can be used to simulate the job market and give people training, making sure that this still fits what was described by others before me. that is one example. the second example, which has more to do with medium-term and long-term is the series of reforms within place in many of the euro area member states. stronger competition authorities for those professions in other places as well. that is what i mean by growth- friendly measures. short-term for some, no medium terms in results, consequences, or affects. >> a big extension of that, what is your sense of how long it will take those stressful measures of the type the mentioned to pay off? especially in terms o
for instance, has numbers that are well known, and germany, it is really getting close to a neutral deficit situation. but they still have a fairly heavy debt burden on their shoulders. first, it is difficult to the country specific within the european union, even more so with than the eurozone. second, they are growth conducive -- there are growth conducive policies to put in place. in the short term there are budgetary allocations can be used to simulate the job market and give people...
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Sep 29, 2012
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it all adds to the deficit. they have got to go out there this is all on the surface of tax cuts for the super wealthy. where i come from, we have one of the highest per-capita incomes in the nation. what i found out is wealthy people are just as patriotic as poor folks. they are just as decent and just as good. they are not asking for these tax cuts. that me give you an example. by extending the bush tax cuts for the wealthy, $500 billion goes to 120,000 families. $500 billion. a half a trillion dollars. how can that the right? the average income of those folks is $8.4 million the year. they do not need a tax cut. that what? middle-class families need a handout. they need a bit of help. [cheers and applause] a voted against extending the middle class tax cuts permanently. the voted against it. why? because they were holding it hostage to make sure they could continue the tax cuts i just mentioned. it almost sounds unbelievable. on top of the, how romney has another tax cut, costing the economy $1.70 trillion. g
it all adds to the deficit. they have got to go out there this is all on the surface of tax cuts for the super wealthy. where i come from, we have one of the highest per-capita incomes in the nation. what i found out is wealthy people are just as patriotic as poor folks. they are just as decent and just as good. they are not asking for these tax cuts. that me give you an example. by extending the bush tax cuts for the wealthy, $500 billion goes to 120,000 families. $500 billion. a half a...
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you have $260 billion deficit. you cannot wish it away. you will not slow the spending. you refuse to do that. >> mr. mondale, i'm afraid your time is up. >> as we get closer to this year's first presidential debate, we are taking a look back at debates from some of our archives, starting with president reagan and walter mondale at 7:00 p.m. eastern. later, the debate between president bush, bill clinton, and ross perot. after that, vice-president al gore and george w. bush. they are all here tonight on c- span. >> september 11, 2001, was a day that changed my life forever. it changed america's life. i am going to go through a powerpoint presentation which will go through a historical account of the events that transpired that day. it gets pretty intense. a lot of these happen pretty quickly. i will do my best not to ramble on and go to fast, but i would ask you to sit back, clear your mind, put yourself in that room, and you will get a real sense of what it was like to be at the top of the food chain, the national command authority, as a nationf 300 million americans wa
you have $260 billion deficit. you cannot wish it away. you will not slow the spending. you refuse to do that. >> mr. mondale, i'm afraid your time is up. >> as we get closer to this year's first presidential debate, we are taking a look back at debates from some of our archives, starting with president reagan and walter mondale at 7:00 p.m. eastern. later, the debate between president bush, bill clinton, and ross perot. after that, vice-president al gore and george w. bush. they...
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is going to bring the deficit down. of course he did not. he doubled it. he said we would get more people working. his plan is another stimulus. how did that first one to go? how about a hundred billion dollars? how much of that did you get? clunkers. he has won a new idea. one thing he did not do. he said he will do in the next four years. he said he will raise taxes. for anyone -- does anyone think raising taxes will help the economy? >> an el. >> the status quo has not worked. we cannot afford four more years of barack obama. his plan and his approach says, fundamentally, the government knows better than you, how to live your life, how to pick winners and losers. how to pick products that have a future. that a group of bureaucrats, of a real smart people working hard, good people at work in washington, but he has the few that somehow know better. so he is going to put them in the most important or one of the most important relationships that you have, the one between you and your doctor. he is going to put government between their if he has his way. he
is going to bring the deficit down. of course he did not. he doubled it. he said we would get more people working. his plan is another stimulus. how did that first one to go? how about a hundred billion dollars? how much of that did you get? clunkers. he has won a new idea. one thing he did not do. he said he will do in the next four years. he said he will raise taxes. for anyone -- does anyone think raising taxes will help the economy? >> an el. >> the status quo has not worked. we...
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why hasn't this become at least thbeginning of a serious discussion about reducing the federal deficit? >> it was the starting point and there were a lot of good ideas in that particular commission. what we really stuck with -- ultimately, you have to put the whole thing into a budget to make it work. you have to balance those different elements and saywhat is a reasonable approach? it is all but what -- like what if -- it is a little bit what like families have to do. the budget has been set up for a vote and the budget has passed. was the budget i would have written? no, it was not quite as conservative. it was still a reasonable approach that puts us back on track to recovery. those budgets, of course, go where? to the senate. what happens when we send bills to the senate? they die. the budget saw in the senate and died. -- sat in the senate and died. that is the reason i am running for the senate. the senate cannot get anything done. it is the fed's rule of law that we are supposed to have a budget every year. i do not think the debt ceiling increase and another 10%, the sequestrat
why hasn't this become at least thbeginning of a serious discussion about reducing the federal deficit? >> it was the starting point and there were a lot of good ideas in that particular commission. what we really stuck with -- ultimately, you have to put the whole thing into a budget to make it work. you have to balance those different elements and saywhat is a reasonable approach? it is all but what -- like what if -- it is a little bit what like families have to do. the budget has been...
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that is a fundamental structural shift and it is produced -- it has produced record-setting deficits and putting us in a path of greece and where much of europe are. the economy is teetering on the edge of recession. the were seen can do is jacked up taxes on small businesses and entrepreneurs or job creors. that makes it all the more likely to push us into a recession. and for the 23 million people who struggling for work, the worst thing to do is hurt the small businesses that create those jobs. >> it is fair to say that the president has reduced taxes. he has reduced taxes for small businesses 18 times. he cut taxes for '95 -- for 95% of families out there. the question is do we ask everyby to sacrifice? when you look at the marginal rate in the united states, when ronald reagan took office, the marginal office with 71% to 72%. it is interesting to me that the greatness that people speak of in terms of the united stas, when we talk about the 1940's, the 1950's, the 1960's, 1970's, the marginal rate that folks paid was much greater. nobody says we will go back to that. at the same
that is a fundamental structural shift and it is produced -- it has produced record-setting deficits and putting us in a path of greece and where much of europe are. the economy is teetering on the edge of recession. the were seen can do is jacked up taxes on small businesses and entrepreneurs or job creors. that makes it all the more likely to push us into a recession. and for the 23 million people who struggling for work, the worst thing to do is hurt the small businesses that create those...
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that only pays for 8% of his proposed deficit spending. overseas, where i come from, that means make superior. we both live near canada. the canadians have this figured out. other countries have this figured out. canadians lowered taxes on businesses to 15%. president obama wants the tax rate on our successful small businesses and job creators above 40%. when we tax our job creators at much higher tax rates than foreign competitors, we went -- we win and they lose. we do not want to tax the small businesses. we want them to hire more people. that is essential. none of this is going to work, no business will be confident to take the risk to hire people, give the raises and job security, if they see the government borrowing and spending like it is. we cannot keep borrowing 36 cents of every dollar the government spends. we cannot keep the federal reserve doing what it is doing. we cannot keep looking our children in the eye knowing we're going to give them a diminished future because we are spending their money today. it is a simple idea. mi
that only pays for 8% of his proposed deficit spending. overseas, where i come from, that means make superior. we both live near canada. the canadians have this figured out. other countries have this figured out. canadians lowered taxes on businesses to 15%. president obama wants the tax rate on our successful small businesses and job creators above 40%. when we tax our job creators at much higher tax rates than foreign competitors, we went -- we win and they lose. we do not want to tax the...
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the fed is reducing the deficits. they are making huge profits return in record amounts to the trade. the fed is legally independent and run by a guy originally appointed by george w. bush. this was so completely over the top we decided we have got to do a piece of that, but pretty much these messages to true believers have got to exceed what we have already been debunked before we pay attention to it. we are out of time. i appreciate your questions. >> see the first of the presidential debates next wednesday on c-span, c-span radio, and online at c-span.org. a debate between the u.s. house candidates. the republican congressman and then a debate between the san cruz.o maayor and later, a look of the statements coming from the obama and romney campaign spirited >> tomorrow morning, the head of the aerospace industry association on automatic spending cuts scheduled for january and how they will affect defense contractors and then of political science professor at in virginia on campaign 2012. also anthony sanders on ho
the fed is reducing the deficits. they are making huge profits return in record amounts to the trade. the fed is legally independent and run by a guy originally appointed by george w. bush. this was so completely over the top we decided we have got to do a piece of that, but pretty much these messages to true believers have got to exceed what we have already been debunked before we pay attention to it. we are out of time. i appreciate your questions. >> see the first of the presidential...
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i think is liberal to cut taxes when you are operating a deficit, because you are spending money. >> i do not think your labels mean a lot. what i have said from the beginning -- the centerpiece of our problems is the national debt. we simply have to look at this. whether we do it this year because of the way our economy is or next year, $2.3 trillion. >> i want you to respond to this. >> i'm glad there is a clear contrast between the two of us. i do not believe we should raise taxes. i do not think the problem is that americans are not taxed enough. mr. sadler has been very candid that he would consider raising taxes on every single tax and who pays income tax is. >> that is not fair. >> if you would consider allowing all of the bush tax cuts to expire, that would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce the national debt. you have never
i think is liberal to cut taxes when you are operating a deficit, because you are spending money. >> i do not think your labels mean a lot. what i have said from the beginning -- the centerpiece of our problems is the national debt. we simply have to look at this. whether we do it this year because of the way our economy is or next year, $2.3 trillion. >> i want you to respond to this. >> i'm glad there is a clear contrast between the two of us. i do not believe we should...
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deficit. people are working harder for less money than they were making 10 years ago, 2/3 of our people -- a $1,600 drop in average income in just the last two years. the problem i have with the perot prescription is that almost all economists who've looked at it say that if you cut the deficit this much this quick it will increase unemployment, it will slow down the economy. that's why i think we shouldn't do it that quickly. we have a disciplined reduction in the deficit of 50 % over the next four years, but first get incentives to invest in this economy, put the american people back to work. we've got to invest and grow. 9 nobel prize-winning economists and 500 others, including numerous republican and democratic business executives, have endorsed this approach because it offers the best hope to put america back to work and get our incomes rising instead of falling. >> president bush, one minute, sir. >> your question was on fairness. i just disagree with mr. perot. i don't believe it is fa
deficit. people are working harder for less money than they were making 10 years ago, 2/3 of our people -- a $1,600 drop in average income in just the last two years. the problem i have with the perot prescription is that almost all economists who've looked at it say that if you cut the deficit this much this quick it will increase unemployment, it will slow down the economy. that's why i think we shouldn't do it that quickly. we have a disciplined reduction in the deficit of 50 % over the next...
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why do we have a deficit? we have a deficit because of the bushmen in their tax cuts, -- bush millionaires' tax cuts, because they are not paying their fair share of taxes. mitt romney is paying 14% of his income. i do not care how much mr. plummer made, but it is how much he paid. if mitt romney paid 14%, mr. plummer want to go to congress and he wants to write tax policy. don't you think it is fair that he discloses what his tax returns are? [applause] center brady, his running mate, in his failed bid to become lieutenant governor, released his tax returns. he did not pay any federal income tax for two years. what is it that mr. plummer has not paid? >> mr. palmer? >> i will answer the question. if you look and what is happening right now in the united states, if you look at what is happening, you have politicians of both polos -- part is not being honest with the voters. the bush tax cuts -- i will call of the obama tax cuts because they supported the extension. we have a tax code that is more than 72,000 p
why do we have a deficit? we have a deficit because of the bushmen in their tax cuts, -- bush millionaires' tax cuts, because they are not paying their fair share of taxes. mitt romney is paying 14% of his income. i do not care how much mr. plummer made, but it is how much he paid. if mitt romney paid 14%, mr. plummer want to go to congress and he wants to write tax policy. don't you think it is fair that he discloses what his tax returns are? [applause] center brady, his running mate, in his...
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the obama budget has been scored by the cbo and has a 2.4% deficit-reduction in the next 10 years. you can argue over what you think that is enough in not to stabilize the debt to gdp ratio but conversely, i'm not actually sure i would want to see ronnie detail all of the tax expenditure changes he says he will come up with. the problem, of course, is betting campaign, if people -- is tt in campaigns, if people start putting out more detailed proposals, demobilize the opposition. this is kind of like the 1993 securities commission. the two parties can hold hands and they do not start out being a brahney proposal or an obama proposal or a republican proposal or a democrat proposal. i am interested in what is in the debates in the next four weeks -- i am less interested in what is in the debates in the next four weeks and then what the vendor does in the weeks after the election. >> why would you like to hear -- what would you like to hear obama say in the weeks after the election? >> we are not going to have a deal that does not have revenues and spending. the biggest obstacle is on
the obama budget has been scored by the cbo and has a 2.4% deficit-reduction in the next 10 years. you can argue over what you think that is enough in not to stabilize the debt to gdp ratio but conversely, i'm not actually sure i would want to see ronnie detail all of the tax expenditure changes he says he will come up with. the problem, of course, is betting campaign, if people -- is tt in campaigns, if people start putting out more detailed proposals, demobilize the opposition. this is kind...
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i think is liberal to cut taxes when you are operating a deficit, because you are spending money. >> i do not think your labels mean a lot. what i have said from the beginning -- the centerpiece of our problems is the national debt. we simply have to look at this. whether we do it this year because of the way our economy is or next year, a two-door 0.3 trillion -- 2.3 doris trillion -- >> i want you to respond to this. >> i'm glad there is a clear contrast between the two of us. i do not believe we should raise taxes. i do not think the problem is that americans are not taxed enough. mr. sadler has been very candid that he would consider raising taxes on every single tax and who pays income tax is. >> that is not fair. >> if you would consider allowing all of the bush tax cuts to expire, that would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce
i think is liberal to cut taxes when you are operating a deficit, because you are spending money. >> i do not think your labels mean a lot. what i have said from the beginning -- the centerpiece of our problems is the national debt. we simply have to look at this. whether we do it this year because of the way our economy is or next year, a two-door 0.3 trillion -- 2.3 doris trillion -- >> i want you to respond to this. >> i'm glad there is a clear contrast between the two of...
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that increased our deficit by almost $1 trillion. maybe if we can negotiate more, maybe we can have more money left for infrastructure and schools and teacher pay and police officers. that is where we need it. it is not about regulation. i was looking how to make a profit. we overcome the obstacles we find. frome so far removed reality. i don't think you know what the small business is a less it is a hedge fund. this was a difficult thing for me. i was going to ask about the insuring the treasury bonds or why you carve out the spousal exemption for why you took $5 million from sheldon adelson. this is from my son. last year when you and the president went on a budget standoff that threaten to shut down the government, he voted to continue paying members of congress. you voted against a bill which would have been short the members of the armed services continue to get paid. how could you in good conscience vote to continue your own pay but vote to stop paying our servicemen and women that you voted to send into combat in afghanistan?
that increased our deficit by almost $1 trillion. maybe if we can negotiate more, maybe we can have more money left for infrastructure and schools and teacher pay and police officers. that is where we need it. it is not about regulation. i was looking how to make a profit. we overcome the obstacles we find. frome so far removed reality. i don't think you know what the small business is a less it is a hedge fund. this was a difficult thing for me. i was going to ask about the insuring the...
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why is romney talking about deficits, given that we have unemployment crisis? they looked at states that they thought of as a target, new hampshire. this is an issue that resonates with swing voters. i think that is one thing to keep in mind. you have these strands that cannot always cohere in a way that works for you if you are candid. that is one thing to keep in mind. it is interesting to think about -- and again when you have the stagnation for much of the country including a lot of these folks, you have household income growth for people at the high end. what does that mean? one thing it means is that if you look at snap enrollment, people talk about how increase in three years. it increased since 2000. medicaid. when bill clinton gave his talk at the democratic national convention he was incredibly shrewd because he did not talk about medicare. why did he not talk about medicare? medicare is not the real difference in terms of numbers between these two campaigns. it really is medicaid. when you look at medicaid and who benefits from medicaid, it is a lot
why is romney talking about deficits, given that we have unemployment crisis? they looked at states that they thought of as a target, new hampshire. this is an issue that resonates with swing voters. i think that is one thing to keep in mind. you have these strands that cannot always cohere in a way that works for you if you are candid. that is one thing to keep in mind. it is interesting to think about -- and again when you have the stagnation for much of the country including a lot of these...
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higher deficits can do more damage. you know, the fact is, right now, i would recommend president obama use it in the debate. it is one of the reasons why we have the deficits. that is what they are doing. and so there is not corporate revenue being taxable revenue. the president's plan has been a little bit of moving pieces. they cut the rate to 28%. the president's position is that we should start from the position. we have the lowest corporate revenue to gdp that you could imagine with the highest rate. it is a five alarm fire at the way to address that is to increase taxes. >> i wanted to have a follow-up. i heard the interview last night, playing upper income and middle and come. -- income. they would not see their taxes changed overall. he talked about loopholes but did not go into specifics. help us understand what the dividing line is between middle income and upper income in his mind. >> i am not a psychic, it is not a conversation i have had. it is definitely where you draw the line between upper and middle in
higher deficits can do more damage. you know, the fact is, right now, i would recommend president obama use it in the debate. it is one of the reasons why we have the deficits. that is what they are doing. and so there is not corporate revenue being taxable revenue. the president's plan has been a little bit of moving pieces. they cut the rate to 28%. the president's position is that we should start from the position. we have the lowest corporate revenue to gdp that you could imagine with the...
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and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congresses/ what does it take to get elected officials to tackle at an issue, increasing their taxes? >> let's start with the families. they will get their attention. the voters have to understand all this, which they did not, and voters need to understand what we have to do to get all this corrected, and they do not. if we ever get that over to the voters, they will vote for the people who are geared up, ready, and know how to do it and are running on that basis, and then we can change this country forever and get us back to where we used to be when i was a boy in the depression. why schoolteachers and would have been doctors, lawyers, indian ch
and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congresses/ what does it take to get...
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regarding the debt and the deficit, there is this piece from "the washington post." in the debt crisis, ryan was on the sidelines. there is a " further in the body from a republican senator who set up a " i have never viewed it paul as one who gets into the fray from a negotiating standpoint. i do not mean that he cannot do it. i just mean he has chosen not to." becky is on the phone from michigan. caller: good morning. i was trying to think what year it was when ralph nader ran for president. you and only you as far as i know carried a debate. i think there were three people that were other parties. host: it was 2000. caller: i listened to those -- the ones that were not the mainstream democrats and republicans. even though i may not vote for them, that is not what is important. what is important is that every single one of them had at least one just terrific idea for solving some kind of big problem we have a. -- we have. to have those people up there with the democrats and republicans talking about things that have never been talked about before could get the peop
regarding the debt and the deficit, there is this piece from "the washington post." in the debt crisis, ryan was on the sidelines. there is a " further in the body from a republican senator who set up a " i have never viewed it paul as one who gets into the fray from a negotiating standpoint. i do not mean that he cannot do it. i just mean he has chosen not to." becky is on the phone from michigan. caller: good morning. i was trying to think what year it was when ralph...
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sides of the deficit equation. also revenue, by closing some of these loopholes and tax breaks. >> [indiscernible] >> [inaudible] >> i was disappointed that the super committee was not able to get this job done. the impedimenta and then, as it continues to be now, this absolute refusal on the part of republicans in the house to agree to any component as part of the deficit reduction deal. they refused ask the wealthiest americans to contribute one penny more to reducing the deficit. the more time goes on, the more their position becomes not only on justifiable but unsustainable. -- unjustifiable but unsustainable. as we get closer to the edge of the cliff, it will become clear to the american people that what they are willing to go over the cliff, allow middle-class taxpayers to go over the cliff unless they get tax relief for people mitt romney. their position is becoming clear to the american people and untenable. >> let me add to that. a year ago, the republicans held hostage raising the debt ceiling which would
sides of the deficit equation. also revenue, by closing some of these loopholes and tax breaks. >> [indiscernible] >> [inaudible] >> i was disappointed that the super committee was not able to get this job done. the impedimenta and then, as it continues to be now, this absolute refusal on the part of republicans in the house to agree to any component as part of the deficit reduction deal. they refused ask the wealthiest americans to contribute one penny more to reducing the...
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Sep 29, 2012
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let me talk about what i would cut in order to grapple with our deficit and our debt. i'd end the war, i've worked to end the war in afghanistan which costs us $ billion a week. i would get rid of the sweetheart deal tommy thompson negotiated as head of medicare that makes it illegal for drug companies to bargain with -- medicare to bargain with drug companies for better prices for seniors that one costs us $15 billion per year. welfarerid of corporate for big corporate farms and big oil. i'd also let the bush tax cuts for the top % expire. i also want to look at the record contrast. i already told you about the policies that tommy thompson supported that added over $3.5 trillion to the debt when president bush was in office. i opposed those irresponsible plans that added to our debt. so now in the future, tommy thompson supports a plan that adds trillions more in tax cuts for the very wealthy and raises taxes on the middle class. for's the wrong scription tackling our -- prescription for tackling our debt. >> our next question, from robert kennedy, directed first to r
let me talk about what i would cut in order to grapple with our deficit and our debt. i'd end the war, i've worked to end the war in afghanistan which costs us $ billion a week. i would get rid of the sweetheart deal tommy thompson negotiated as head of medicare that makes it illegal for drug companies to bargain with -- medicare to bargain with drug companies for better prices for seniors that one costs us $15 billion per year. welfarerid of corporate for big corporate farms and big oil. i'd...
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the reason was if he made them a permit, you would bust the deficit. it is time to let those tax cuts expire for those making more than $500,000. if they go back to where they were, we were in belt largest expansion in the history of the united states. fix medicare. allow negotiations for prescription drugs. that will save $240 billion over 10 years, and finally, takeaway subsidies from the big oil companies. they are very profitable, but they do not need our help. what you end up with then is not a $1 trillion problem. you end up with a problem in the $200 billion range. raising the ceiling, a default for the nation. he spoke out against the fairfax chamber and other chambers, and now he is saying, "wait a minute. we cannot make cuts." when he is running as the guy who wants to make cuts. he has more sides then a rubik cube. >> what your so-called plan would do to jobs. i think you should be taking into account what the impact is on jobs, and our economy, which is a major, major concern. you talked about bob mcdonnell and eric cantor. what they did wa
the reason was if he made them a permit, you would bust the deficit. it is time to let those tax cuts expire for those making more than $500,000. if they go back to where they were, we were in belt largest expansion in the history of the united states. fix medicare. allow negotiations for prescription drugs. that will save $240 billion over 10 years, and finally, takeaway subsidies from the big oil companies. they are very profitable, but they do not need our help. what you end up with then is...
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Sep 27, 2012
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now we have a $1 trillion deficit the last fiscal year. if the defense hawks of the military industrial complex want to increase defense spending -- is that not cry out for tax increases? if he was significant spending -- if you want more spending even though we did not have a major threat by the soviet union facing us, does that not require -- let me mention some some balls. i. simpson bowles calls for cuts in defense. >> people thought a lot of figures. on a few of them are right. defense spending is only 20% of the discretionary budget. the defense of the country is -- we do have to see that that is being maintained at an adequate level. no one suggest we are in less dangerous times. the reverse is true. cyberwarfare. thing about north korea. -- think about north korea. we have the kind of unlevel playing field that has worked so well all this time. we're not going into a period that is fatal. how do you balance your budget is a bigger question. that is what we elected our members of congress to do, to make those tough decisions about e
now we have a $1 trillion deficit the last fiscal year. if the defense hawks of the military industrial complex want to increase defense spending -- is that not cry out for tax increases? if he was significant spending -- if you want more spending even though we did not have a major threat by the soviet union facing us, does that not require -- let me mention some some balls. i. simpson bowles calls for cuts in defense. >> people thought a lot of figures. on a few of them are right....
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there is a lot of talk about deficit and long-term growth. the subject of long-term unemployment has virtually disappeared since obama decided to abandon the stimulus, and i do not think in my ideal media world -- the media would be more effective at moving issues like that back on the agenda. >> ok. pessimistic and all of the things that they have a hard time being. i thought we were famous for complaining all of the time. one or two notes before i get to the awful stuff. first of all, it is truly uplifting, i think everyone would agree, to see so many people turning out on an early saturday morning when you could be doing other things. there has to be a rerun of " housewives of orange county," or sipping cappuccinos, rather than talking about this. as someone who has knocked around in for a few years, it is truly cheery to me to see that passion out there and that you have voted with your feet in such numbers, so thank you all for making me feel good. as i look across the coverage of this campaign, there are a few things i think are worth p
there is a lot of talk about deficit and long-term growth. the subject of long-term unemployment has virtually disappeared since obama decided to abandon the stimulus, and i do not think in my ideal media world -- the media would be more effective at moving issues like that back on the agenda. >> ok. pessimistic and all of the things that they have a hard time being. i thought we were famous for complaining all of the time. one or two notes before i get to the awful stuff. first of all,...
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in addition, we are very focused on the debt and the deficit. the spending of the government is out of control. it needs to be fixed. if we keep spending, it is not sustainable. it is not fair to other generations. >> how long have you been a republican? the republican party today has a lot of diversity within it in terms of opinions of a social and economic issues. which one is the most important you about being a republican? >> i would say i became a republican when senator obama was running for presidency. that is when i was interested in politics. i began setting it and realized i disagreed a lot with what he was saying. that is when i started paying attention to it. >> what you're are you in school right now? >> i'm currently a junior. -- what year are you in in school or not? >> i am currently a junior. >> what about after college? >> i am not entirely sure right now. >> where will you be watching? >> i will probably be with the rest of my fellow classmates. >> what will you be looking for? >> iowa looking to see how each candidate differs
in addition, we are very focused on the debt and the deficit. the spending of the government is out of control. it needs to be fixed. if we keep spending, it is not sustainable. it is not fair to other generations. >> how long have you been a republican? the republican party today has a lot of diversity within it in terms of opinions of a social and economic issues. which one is the most important you about being a republican? >> i would say i became a republican when senator obama...
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first, let me talk about what i would cut in order to grapple with our deficit and our debt. i worked to end the war in afghanistan which cost us $2 billion a week. i will get rid of the sweetheart deal tommy thompson negotiated when he was head of medicare -- that makes it illegal for drug companies to bargain with -- or medicare to bargain with drug companies for better prices for seniors. that one costs us $15 billion per year. i'd get rid of corporate welfare for big corporate farms and big oil. i'd also let the bush tax cuts for the top 2% expire. i also want to look at the record contrasts. i told you about the policies tommy thompson supported that added over $3.5 trillion to the debt when president bush was in office. i opposed those irresponsible plans that added to our debt 3789 so now in the future tommy thompson supports a plan that adds more for tax cuts for the wealthy and raises tax cuts for the middle class and is the wrong prescription for tackling our debt. >> our next question is from robert kennedy, directed first to representative baldwin. >> representati
first, let me talk about what i would cut in order to grapple with our deficit and our debt. i worked to end the war in afghanistan which cost us $2 billion a week. i will get rid of the sweetheart deal tommy thompson negotiated when he was head of medicare -- that makes it illegal for drug companies to bargain with -- or medicare to bargain with drug companies for better prices for seniors. that one costs us $15 billion per year. i'd get rid of corporate welfare for big corporate farms and big...
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we can get away from the deficit. this hurt those people who had committed most to us in the sense that, what is going on here? here is this guy who was a arrested with illegal weapons. what was he doing? this hurt the trust. we just recovered from that when we have the osama bin laden raid. i am convinced, as most people will look at the evidence are convinced, that the top leadership, military, intelligence, and civilians, did not know osama bin laden was in abbottabad. all of us were exhausted from staying up a whole night. it was a punch drunk meeting. the first thing they said was congratulations. they realize someone who they were against and wanted to see gone was gone. it was only a few days after that that they realize that the political price the military was paying that that became manifest, when public american commentators said you are either implicit or incompetent, it happen to be true. it put them very much on the spot. the response by those pakistanis who had committed to working with us -- in the sum
we can get away from the deficit. this hurt those people who had committed most to us in the sense that, what is going on here? here is this guy who was a arrested with illegal weapons. what was he doing? this hurt the trust. we just recovered from that when we have the osama bin laden raid. i am convinced, as most people will look at the evidence are convinced, that the top leadership, military, intelligence, and civilians, did not know osama bin laden was in abbottabad. all of us were...
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keep printing money and expecting the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the lesser version of bowel- simpson. if romney wins, he will have a mandate for some version of the right and budget, probably tempered a little bit to get democratic votes. if he becomes president, he what the mandate for something close to that. either way, we will probably get a pretty big deal. i think 2013 becomes a big entitlement reform, tax reform, budget reform moment. there will be an amazing pivot on november 7. suddenly the campaign will be over. guess what, we are going to have entitlement reform. all of the things is that about mitt romney will destroy america, suddenly we will do something that
keep printing money and expecting the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the...
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it's going back to a time of constrained resources, budget deficits and deficits, then -- budget deficits, then we need to make sure we are receiving their return on those funds. host: but what is the process of approval for the state and federal levels? guest: if it is formula funds, is pretty much up to the states. they do this for highway entry and then for projects. it is preparing a list of projects that technically have to be approved, making sure they meet federal standards and criteria. but it is not a strategic program, but just a list of projects. in the case of discretionary grants, and the new starts program being a big element of that, this is a resource process. something that the criteria that applied in making a decision about money to new york or money to denver, sometimes those criteria are too rigorous, not per bree, etc. it is a very extensive -- not appropriate, etc. it is a very extensive and respect application. these projects often take 10 years, 15 years, 20 years in some cases to be completed. there has to be some degree of the assurance that the federal funds wi
it's going back to a time of constrained resources, budget deficits and deficits, then -- budget deficits, then we need to make sure we are receiving their return on those funds. host: but what is the process of approval for the state and federal levels? guest: if it is formula funds, is pretty much up to the states. they do this for highway entry and then for projects. it is preparing a list of projects that technically have to be approved, making sure they meet federal standards and criteria....
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we can get away from the deficit. this hurt those people who had committed most to us in the sense that, what is going on here? here is this guy who was a arrested with illegal weapons. what was he doing? this hurt the trust. we just uncovered -- recovered from that when we have the osama bin laden raid. i am convinced, as most people will look at the evidence are convinced, that the top leadership, military, intelligence, and civilians, did not know osama bin laden was in abbottabad. all of us were exhausted from staying up a whole night. it was a punch drunk meeting. the first thing they said was congratulations. they realize someone who they were against and wanted to see gone was gone. it was only a few days after that that they realize that the political price the military was paying that that became manifest, when public american commentators said you are either implicit or incompetent, it happen to be true. it put them very much on the spot. the response by those pakistanis who had committed to working with us,
we can get away from the deficit. this hurt those people who had committed most to us in the sense that, what is going on here? here is this guy who was a arrested with illegal weapons. what was he doing? this hurt the trust. we just uncovered -- recovered from that when we have the osama bin laden raid. i am convinced, as most people will look at the evidence are convinced, that the top leadership, military, intelligence, and civilians, did not know osama bin laden was in abbottabad. all of us...
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a lot of people said why is mitt romney talking about debt and deficits? this is just an issue that resonates almost as a psychic. that is one thing to keep it until my. you have the strands that do not always clear in a way that works for you. that is wanting to keep it into my. it is interesting to think about -- when you have this kind of stagnation for much of the country, what does it mean? one thing is if you look at the snap and moment -- in a moment, it is increased dramatically since 2000. same thing for medicaid. limbo clinton gave a speech at the dnc, he was true. -- when bill clinton gave his speech at the dnc, he was s hrewd. when you look at medicaid and who benefits, and it's a lot of white a working-class folks. when you think about how republicans need to talk about it, that the funny thing about mid ryan -- ryan and ryanism. he has until some respects gotten it right. you want to talk about how we care about the safety net. in matters of law to was. a debate dynamics decided, we need to have this. it is not some kind of side thing but an
a lot of people said why is mitt romney talking about debt and deficits? this is just an issue that resonates almost as a psychic. that is one thing to keep it until my. you have the strands that do not always clear in a way that works for you. that is wanting to keep it into my. it is interesting to think about -- when you have this kind of stagnation for much of the country, what does it mean? one thing is if you look at the snap and moment -- in a moment, it is increased dramatically since...
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the fed is reducing the deficit. they are making huge profits, returning record amounts of money to the treasury. , the opposite of spending your tax dollars is true. the fed is legally independent and run by a guy who is appointed by george w. bush. it is so completely over the top that we decided we had to do a piece on that particular e- mailed. pretty much these messages to true believers have to exceed what we have already debunked before we pay attention to it. >> we are out of time. thank you for your attention. we appreciate your questions. [applause] >> please take your seats. 30 seconds. this fact checking futile or fruitful? a doctoral student. see will ask the question, can misinformation affect attitudes even when questions -- corrections work. how can journalists increase the likelihood that fax will win out? the third presenter, staff member, asks, does stand-alone the fact checking work or doesn't backfire as a result of a controlled experiment? then, we will be showed an journalism that fact checks.
the fed is reducing the deficit. they are making huge profits, returning record amounts of money to the treasury. , the opposite of spending your tax dollars is true. the fed is legally independent and run by a guy who is appointed by george w. bush. it is so completely over the top that we decided we had to do a piece on that particular e- mailed. pretty much these messages to true believers have to exceed what we have already debunked before we pay attention to it. >> we are out of...
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lot of good exchanges, and there will be exchanges of views on medicare, the economy, tax cuts, the deficit, all of that -- what will be replayed on line, on cable television, on the broadcast networks, are a couple of 20-second exchanges. there tend to be these moments of body language. the mitt romney camp, somebody said daywork and projecting personal warmth. a lot of this is not just looking at the transcript, -- said they would it be projecting personal want. a lot of this is not just looking at the transcript, but how people react to them as potential visitors in their living room for the next four years. do can join the conversation. terrapin numbers to call -- host: you can join the conversation. here are the numbers to call let's hear from katharine in ohio. caller: i have two questions. i want answers from romney, not rhetoric. you can take all the time you need and answer questions. the republicans have been looking for a voter fraud, and now we have found it, it is in your camp, and what are you, republicans, going to do about it? you are so hot to put democrats under the boss.
lot of good exchanges, and there will be exchanges of views on medicare, the economy, tax cuts, the deficit, all of that -- what will be replayed on line, on cable television, on the broadcast networks, are a couple of 20-second exchanges. there tend to be these moments of body language. the mitt romney camp, somebody said daywork and projecting personal warmth. a lot of this is not just looking at the transcript, -- said they would it be projecting personal want. a lot of this is not just...
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how does that affect their policy approaches to the deficit? knowing that even adam smith, to use a reliable source, will tell you that it is the quickest, surest, and nearly permanent way to implode a nation. host: what do you think the moderator could ask to get that? caller: i just find it disturbing that with all this media coverage and speeches being made from both candidates in both parties, that the two wars that they waged in iraq and afghanistan are footnotes when it comes to balancing the budget and approaching resolving the debt crisis. the wars have absolutely little to do with it and it is disturbing. anyone can look at a history book and know that you raise taxes during a time of war. host: byron, cleveland, good morning. caller: known as socialist, george soros, recently contributed to the democratic party campaign. i would like to know if president obama or michelle obama, his wife, have ever been currently members of a communist or socialist party, u.s.a.. thank you. host: ann, democratic line. caller: hello. host: go ahead. ca
how does that affect their policy approaches to the deficit? knowing that even adam smith, to use a reliable source, will tell you that it is the quickest, surest, and nearly permanent way to implode a nation. host: what do you think the moderator could ask to get that? caller: i just find it disturbing that with all this media coverage and speeches being made from both candidates in both parties, that the two wars that they waged in iraq and afghanistan are footnotes when it comes to balancing...
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the fact of the matter is i have been working to bring down the deficit for years. it is very important we do it for the very reason that was stated about national security. let's examine the facts. my number one, too, and three priorities are creating jobs in the state of nevada. we help small businesses, make nevada the energy jobs capital of the united states, we create good paying jobs right here in the state of nevada, help our tourism industry create good paying jobs. my opponent does not do anything for middle income families. he does nothing to get people back to work. i am fighting day and night to make sure we get good paying jobs, that we keep people in their homes, that would protect medicare, and social security. my opponent is voting for budget after budget that takes away and balances our budget on the backs of our senior citizens and our veterans. >> thank you. our next question is directed at senator heller. >> into the 11th, you voted twice, once as a congressman and once at a senator, for a plan that would change the medicare program. could you ex
the fact of the matter is i have been working to bring down the deficit for years. it is very important we do it for the very reason that was stated about national security. let's examine the facts. my number one, too, and three priorities are creating jobs in the state of nevada. we help small businesses, make nevada the energy jobs capital of the united states, we create good paying jobs right here in the state of nevada, help our tourism industry create good paying jobs. my opponent does not...